The dearth of skills in the labour market means that recruitment is taking one month and 27 days longer than anticipated, forcing many to seek external help.
45 per cent of L&D leaders report that they only 'sometimes' use people data to inform their learning strategies.
“The nature of work is evolving rapidly and consequently learning and development has never been more important."
63 per cent think it is too expensive to receive proper training from teachers or experts when learning a new skill.
Forty per cent admit they only forecast out six months or less for future hiring needs, with 16 per cent saying they only plan for immediate needs.
“Not only do training programs allow employees to keep their skills up to date and perform better, it can also help Hong Kong employers attract top candidates and retain their best workers."
A quarter (24 per cent) of GB workers are not getting sufficient feedback from their managers or colleagues on the skills they should be learning.